Jianzhi Education Technology Group Company Limited ADR (JZ) has released an update.
Jianzhi Education Technology Group Company Limited, a prominent digital education provider in China, is currently facing non-compliance with Nasdaq’s minimum stockholders’ equity rule, having reported a deficit. The company has received a formal notification from Nasdaq and has 45 days to present a plan to regain compliance, with the possibility of an extension period. Meanwhile, its shares will continue to trade on the Nasdaq under the ticker ‘JZ’.
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